crypto_king

XRPUSD - potential for downside?

Short
If you look at the XRP chart, you'll see we have potential for some downside over the coming week. After attempting to surge earlier today, XRP slowed down & fell back into the boundaries of a triangle pattern. We're also beneath a resistance level and a strong weekly supply zone.

Will we see XRP value dry out in the short term? There's possibility for a short trade here, leaving little room for error.

Wait for a daily close before attempting shorts! Good luck & trade safe.
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